UTIB0005882 IFSC Code, AXIS BANK, MODEL TOWN PATIALA

IFSC Code of Axis Bank, Model Town Patiala, Punjab IFSC CODE & MICR CODE

AXIS BANK, MODEL TOWN PATIALA - UTIB0005882

  • Bank name: AXIS BANK

Bank Address: Ground Floor, Raghbir Marg, Model Town Badinagar Near Cbtl Patiala, District And Tehsil Patiala, Punjab 147001

  • IFSC Code utib0005882
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +919815605460
  • Bank branch MODEL TOWN PATIALA
  • Bank ISO3166 Code IN-PB
  • Bank Center PATIALA
  • MICR Code 147211004
  • State name PUNJAB
  • District name PATIALA
  • City name PATIALA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for AXIS BANK, MODEL TOWN PATIALA branch is UTIB0005882, ensures that your transactions are directed to the correct branch.

How to Use UTIB0005882 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MODEL TOWN PATIALA branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.